VIETNAM WOOD INDUSTRY
The global wood industry has grown strongly in recent years, and the consumption of wood and wood products has increased sharply thanks to the economic recovery in major consuming countries such as the US and EU. In the period 2012-2016, the global wood processing market achieved an annual growth rate (CAGR) of 7.2% and is estimated to reach a CAGR of 9.2% in the period 2016-2020.Vietnam’s wood processing industry has become the main export sector, ranking fourth after coffee, seafood and machinery and spare parts. Generally in Q4 / 2019, the concentrated planted forest area across the country was estimated to increase compared to the same period last year. Domestic timber supply plays an important role in creating export products.Vietnam has become the leading wood exporter in Southeast Asia and 7th in the world for furniture exports. In Q4 / 2019, export turnover of wood and wood products is estimated to increase compared to the same period in 2018. Wood and wood products are mainly exported to the US market.
In Q4 / 2019, wood chip production was estimated to be nearly equal to the whole year of 2018, and increased compared to the same period last year. Wood chips are one of the most important export items of Vietnam, in Q4 / 2019, export turnover reached from tens to hundreds of millions of dollars.
Vietnam’s wood industry has many advantages compared to other countries in the region. With FTAs ​​in force from 2019, the timber industry will enter a new phase with great prospects for export growth.

Abbreviation

Executive summary

1.Business environment

1.1 Macroeconomic situation

1.2 Legal framework

1.3 Trade agreements

World wood market

Market overview

2.1 Definition and classification

Vietnam wood market

3.1 History of foundation and development

3.2 Tecnology level

3.3 Value chain

3.4 Raw materials

3.5 Prodution

3.6 Consumption

3.7 Impoer export

Enterprise analysis

4.1 Enterprise introduction

4.2 Financial analysis

Wanek furniture Co,. Ltd

Viet Nam Nitori production Co

Shing Mark Vina Co,. Ltd

An Cuong wood JSC

MDF VRG DONGWHA Wood JSC

Viet Nam San Lim Furniture Co,. Ltd

Viet Nam Woodwoth Wooden Co, Ltd

ROCHDALE SPEARS Co,. Ltd

Viet Nam POH HUAT JSC

Timber Industries Co,. Ltd

List of figures

Figure 1: The growth rate of quarterly GDP, 2016-2019

Figure 2: Structure of GDP at current prices, 9M / 2019

Figure 3: The export turnover of Vietnam, 2011 – 9M / 2019

Figure 4: the VND / USD, 1 / 2013-9 / 2019

Figure 5: world crude oil prices, 1/2011 – 9/2019

Figure 6: production and consumption of industrial wood, 2011- 2030f

Figure 7: structure of production of industrial wood by country, 2017

Figure 8: structure of production of industrial wood by product type, 2017